Over 50 experts from across the region will be in the UAE capital this May for the third edition of 'Arabian World Construction Summit (AWCS) 2010' where they will address key issues currently impacting the projects industry.

The summit, to be held from May 24 to 26 at the Abu Dhabi National Exhibition Centre (Adnec), will focus on how the construction industry is gearing up to seize the opportunities presented by this year's GCC growth forecasts, while dealing with the legacy of the global property crash that led to project delays and cancellations.
 
AWCS is recognised as the premier annual Middle East event for the projects industry. The event is expected to attract over 450 delegates and is one of the central features of the newly launched ‘Arabian Construction Week’ being hosted by Adnec.

Being held under the theme ‘Growing in a Challenging Market,’ the summit will feature major players in the region’s construction sector including Fatima Al Jaber, COO, Al Jaber Group; Riad Kamal, chairman of Arabtec; Mustafa Sani Sener, president & CEO, TAV Group, and Pierre Berger, chairman of Vinci Construction Grands Projects.

Edmund O’Sullivan, MEED Events chairman said the panel will discuss the strategic significance of identifying key growth markets and sectors to seek new projects.

“With the effects of the recession beginning to wear out, the key to a quick recovery for players within the construction and real estate sector is to remain alert and innovative. ACWS 2010 will bring representatives and analysts who successfully kept their businesses afloat and continued to thrive despite the tough economic conditions."

"Given the fact that the economic climate continues to be very challenging, there are invaluable lessons to be learnt from what worked out for these companies," he added.

AWCS will focus on key growth areas in the GCC including Abu Dhabi and the UAE, Kuwait, Qatar and Saudi Arabia. It will also highlight opportunities in other markets and examine developments in the GCC projects industry from concept to completion.

Critical operational issues besetting the sector, payment delays, project cancellations and alternative ways of financing the GCC’s trillion dollar project pipeline will also come up for discussion at the summit.

The AWCS Breakfast session on the second day will feature a presentation on specific opportunities in Saudi Arabia.

In addition, bespoke networking opportunities during the summit are designed to provide delegates with the right platform to create meaningful business relationships and meet senior industry leaders from across the construction value chain.

The summit has firmly established itself as an effective networking platform for individuals within the industry. The 2009 edition themed ’Business Sustainability in a Challenging Market' had attracted 390 international delegates.-TradeArabia News Service